Welcome to Pierson Lakes, an incredibly beautiful private community only 29 miles from New York City. Enjoy canoeing, hiking, fishing, motor boating and so more, all at your fingertips. This dramatic 7-acre building lot features incredible rock formations and precipices that will have your architect eager to design a dream! With three-probable building locations within the property, you could have an Eagle Eye Sunset view of Cranberry Lake and Sterling Forest. Every inch of this property is reachable because of the Grand Staircase; an 88 step maintained path that was installed to enjoy the serenity. Also enjoy other focal points along the path with bench seating to observe natural streams and water features. 7 Springhouse Rd is located at the end of the street, and borders preserved land. This home is located in the Pierson Lakes Homeowners Association, which does have an Architectural Review Board and a monthly fee for 24/hr security and more. A Clubhouse is available to all residents on Cranberry Lake and offers docks, a beach, a kitchen & entertainment room, and a beautiful sun deck to watch both Sunrise and Sunset. Lot is approved but not improved. Underground electric is available at the street. Tours and showings by appointment only. Please wear proper shoes for walking through the woods.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,792 | $3,942 | $5,023 |
Total Monthly Payment | $3,884 | $4,034 | $5,115 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.